Contrasting Prologis (NYSE:PLD) and Granite Real Estate Inc. Staple (NYSE:GRP.U)

Granite Real Estate Inc. Staple (NYSE:GRP.U – Get Free Report) and Prologis (NYSE:PLD – Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.

Profitability

This table compares Granite Real Estate Inc. Staple and Prologis’ net margins, return on equity and return on assets.

Analyst Ratings

This is a summary of current ratings and target prices for Granite Real Estate Inc. Staple and Prologis, as reported by MarketBeat.

Prologis has a consensus price target of $129.06, indicating a potential upside of 24.52%. Given Prologis’ stronger consensus rating and higher probable upside, analysts clearly believe Prologis is more favorable than Granite Real Estate Inc. Staple.

Valuation & Earnings

This table compares Granite Real Estate Inc. Staple and Prologis”s top-line revenue, earnings per share (EPS) and valuation.

Prologis has higher revenue and earnings than Granite Real Estate Inc. Staple. Granite Real Estate Inc. Staple is trading at a lower price-to-earnings ratio than Prologis, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

57.1% of Granite Real Estate Inc. Staple shares are owned by institutional investors. Comparatively, 93.5% of Prologis shares are owned by institutional investors. 0.3% of Granite Real Estate Inc. Staple shares are owned by company insiders. Comparatively, 0.5% of Prologis shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Dividends

Granite Real Estate Inc. Staple pays an annual dividend of $1.77 per share and has a dividend yield of 3.7%. Prologis pays an annual dividend of $3.84 per share and has a dividend yield of 3.7%. Granite Real Estate Inc. Staple pays out 49.4% of its earnings in the form of a dividend. Prologis pays out 116.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Prologis has increased its dividend for 11 consecutive years. Granite Real Estate Inc. Staple is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Prologis beats Granite Real Estate Inc. Staple on 11 of the 17 factors compared between the two stocks.

About Granite Real Estate Inc. Staple

(Get Free Report)

Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. Granite Real Estate Investment Trust, formerly known as Granite Real Estate Inc., is based in Toronto, Canada.

About Prologis

(Get Free Report)

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.